Buying of Jets and Booking of Flight with Bitcoin

Buying of Jets and Booking of Flight with Bitcoin

Buying of Jets and Booking of Flight with Bitcoin According to a report by Colibri Aircraft, There has been a steady rise in the number of first time buyers. The report highlights that as much as 21 percent of the pre-owned aircrafts the company sold in 2017 have gone to first-time buyers. This is a

Buying of Jets and Booking of Flight with Bitcoin
According to a report by Colibri Aircraft, There has been a steady rise in the number of first time buyers.
The report highlights that as much as 21 percent of the pre-owned aircrafts the company sold in 2017 have gone to first-time buyers. This is a 50 percent increase over the 2014 figures. The average price for a new jet stands at $3.68 million.

There has been a significant rise in the number of private airplanes sold, which can only be attributed to a better global economy. The rising number of very high net worth individuals and ultra high net worth individuals are naturally the demographic willing to shell out such a large sum for their convenience. A slight fall in the prices of these second-hand jets has also aided the rise in sales figures.

Oliver Stone, Managing Director of Colibri Aircraft, said:

“All of this is leading to more people chartering private jets and, for some of those that do this, they eventually decide they want to own their own aircraft.”

A decade has passed since the infamous market crash and financial collapse of 2008. Since then, businesses now have a stabilized economy and improved earnings with which to work. Hence, companies and individuals are willing to spend such large sums.

Research predicts that within the next ten years, buyers will be able to buy private airlines with bitcoin, ether, ripple or any other cryptocurrency.

Olivier Janssens, a Belgian technology entrepreneur, expressed his optimism for the flight industry after buying a last-minute flight in 2014 with bitcoin:

“I am a strong supporter of Bitcoin and the efficiency it offers against other currencies. a payment method and an investment, it was very easy and efficient . it was the perfect way to pay, I work on several Bitcoin business projects and I am very excited about its future potential. “

67% of people believes that the rise in private jet sales will increase. It is also considered useful in the coming years because it will be able to increase the payment rate. In any case, a crowd of individuals is enriched by the excitement of the new financial technology.